Bank Notes

  • March 7, 2018
    On Wednesday, March 7, 2018, the CFPB issued its request for information on the Bureau’s rulemaking processes. This is the seventh RFI so far to come from the Bureau in an effort to assess the overall efficiency and effectiveness of its rulemaking processes. The next RFI will be released next week and address the Bureau’s adopted rules. The Bureau anticipates issuing RFIs on the following topics...
  • February 22, 2018
    On Thursday, February 22, 2018, CBA met with Treasury staff to discuss their upcoming report on nonbank financial companies. This report is part of the Treasury’s effort to implement the President’s Executive Order on Core Principles for Regulating the U.S. Financial System. Treasury stated the report would cover consumer lending, servicing, payment and settlements, wealth management, and data...
  • February 21, 2018
    On Wednesday, February 21, 2018, the CFPB released its fifth in a series of requests for information (RFI). The series of RFI's is part of Acting Directory Mick Mulvaney’s call for evidence to ensure the Bureau is properly fulfilling its function to protect consumers. This RFI will focus the Bureau’s external engagements, and the Bureau has also released the topics for the remainder of the RFIs...
  • February 21, 2018
    On Wednesday, February 21, 2018, the CFPB released its fifth in a series of requests for information (RFI). The series of RFI's is part of Acting Directory Mick Mulvaney’s call for evidence to ensure the Bureau is properly fulfilling its function to protect consumers. This RFI will focus the Bureau’s external engagements, and the Bureau has also released the topics for the remainder of the RFIs...
  • February 21, 2018
    CPE Credit-Eligible Sessions Below is a list of CBA LIVE 2018 sessions eligible for CPE Credits. For more comprehensive information about each session, view our interactive program here . Participants will earn 1.0 CPE credit offered for each 1-hour session. Monday, March 12, 2018 Managing Redlining Risk in Fair & Responsible Banking Dawn of a New Day: Regulatory Panel The Rise of Open...
  • February 14, 2018
    On Wednesday, February 14, 2018, the Bureau issued its fourth in a line of requests for information (RFIs) meant to assess the overall efficiency and effectiveness of the Bureau, with this RFI focusing specifically on the Bureau’s supervision processes. The Bureau seeks information on the overall efficiency of its supervision program, and whether any changes to the program are needed. Submissions...
  • February 12, 2018
    On Monday, February 12, 2018, the Bureau released its revised strategic plan which sets to establish its mission, strategic goals, and objectives. This plan revises the draft strategic plan former Director Richard Cordray released in October of 2017. In the opening statement, Acting Director Mick Mulvaney stated, “If there is one way to summarize the strategic changes occurring at the Bureau, it...
  • February 7, 2018
    On Wednesday, February 7, 2017, the CFPB issued its third in a line of Requests for Information (RFI) on the Bureau’s enforcement processes. The Bureau is collecting information to assess the effectiveness of its processes related to enforcement of federal consumer financial laws. This is the third RFI in three weeks from the CFPB as part of Acting Director Mick Mulvaney’s call for evidence to...
  • February 5, 2018
    On Monday, February 5, 2018, five federal agencies (Board of Governors of the Federal Reserve, Farm Credit Administration, Federal Housing Finance Agency, FDIC and OCC) proposed to amend swap margin requirements to conform with recent rule changes that impose new restrictions on certain qualified financial contracts (QFCs) of systemically important banking organizations. Under the proposed...
  • February 2, 2018
    On Thursday, February 2, 2018, the OCC released economic and financial market scenarios for use in the upcoming stress tests for covered institutions with more than $10 billion in assets. The supervisory scenarios include baseline, adverse, and severely adverse scenarios, as described in the OCC’s final rule that implements stress test requirements of the Dodd-Frank Wall Street Reform and...

Pages